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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG40 Bulk

Refinery

EX - Chennai

₹71,862/MT
28.57 %2 days ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹67,002/MT
26.2 %2 days ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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Bitumen VG30 Bulk

Refinery

EX - Haldia

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Top Category

Energy & Petroleum Most Viewed Prices

Bitumen VG40 Bulk

Refinery

EX - Chennai

₹71,862/MT28.57 %2 days ago

Bitumen VG30 Bulk

Refinery

EX - Chennai

₹67,002/MT26.2 %2 days ago

Bitumen VG40 Bulk

Refinery

EX - Panipat

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Bitumen VG30 Bulk

Refinery

EX - Panipat

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Bitumen VG40 Bulk

Refinery

EX - Haldia

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Bitumen VG30 Bulk

Refinery

EX - Haldia

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Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

Chinese airlines to raise fuel surcharges on domestic flights

Manmade fibre exporters flag concerns arising from West Asia conflict

Iran war could make beer and bottled water pricier for Indians

Iran war will debilitate petrochemicals for the rest of 2026

Breaking the cycle of energy shocks: India’s renewable opportunity

Venezuelan crude exports surge to 6-year high as India fills China gap

Fuel Prices Today [2 April, 2026]: Petrol, Diesel Steady at ₹94.77/L and ₹87.67/L in Delhi; Global Crude Retreats to $100 as Hormuz Crisis Eases | Check City-Wise Rates

S Korea prepares W469.5bn subsidy for naphtha imports

Saudi Crude Oil Exports Halved in March Amidst Persian Gulf Tensions

ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows

China says US-Israeli strikes 'root cause' of Starit of Hormuz disruption

40% of Russia's Baltic Oil Export Capacity Offline as Gasoline Ban Widens

Venezuela Oil Exports Top 1 Million Bpd in March

Trump’s Renewed Iran Threats Drive Oil Higher

WTI Jumps 51% in a Month on Iran War Supply Shock

Volatility to persist; stagger investments instead of timing market: Bajaj Finserv AMC CIO

China Directs Private Refiners to Maintain Fuel Output Even At A Loss

Oil prices surge after Trump speech on Iran war

BofA now expects oil prices to trade around $100/bbl for the rest of the year

Market News

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Chennai Fuel Retail Expansion Reaches Tiruvallur Suburb.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}17.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

MSEDCL Plugs In 307 EV Charging Stations Across Nagpur District .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}6.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

Textile exporters urge govt to waive cotton import duty.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}3.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}16.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

CPCL’s first retail outlet opens at Nemam in Tiruvallur district .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}11.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}2.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Petroleum Products Market

Industrial Petroleum Products

Energy & Petroleum FAQs

Tell Us Your RequirementsBest Rates | Working Capital | Delivery Anywhere

₹71,862/MT
28.57 %2 days ago

₹67,002/MT
26.2 %2 days ago

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Chennai Fuel Retail Expansion Reaches Tiruvallur Suburb
11
17

MSEDCL Plugs In 307 EV Charging Stations Across Nagpur District
9
6

Textile exporters urge govt to waive cotton import duty
3
16

CPCL’s first retail outlet opens at Nemam in Tiruvallur district
11
2